The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.

2019

Forbes

Explore Data & Analytics Statistics

Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
61 percent of businesses that recognize the effect of data and analytics on their core business practices say their companies either have not responded to these changes or have taken only ad hoc actions rather than developing a comprehensive, long-term strategy for analytics.
Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.
The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
In a survey of approximately 700 business professionals, only 15% said their organization is currently very effective in delivering a relevant and reliable customer experience. In the same survey, only 3% of respondents said they are able to act on all of the customer data they collect; 21% say they can act on very little of it.

Check Out Data & Analytics Tools

Recent Blogs on Data & Analytics